New report shows vast gap in Upstate and Downstate home values, with Buffalo 67% cheaper than NYC

The great Upstate/Downstate divide in home values is starkly evident in the latest figures from the U.S. Census Bureau.

The typical home in the Buffalo metropolitan area, which includes Erie and Niagara counties, is valued at $135,000. That's 67.3 percent cheaper than the corresponding figure for the New York City metro, where the median home value is $413,200.

Click the View Slideshow button to see a rundown of all 26 metropolitan and micropolitan areas across the state, ranked from the highest…

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